Ellington Financial Inc.
EFCReal Estate · Stock · monthly payer
Forward Yield
11.53%
Annual Dividend
$1.56
Payout Ratio
96%
5-Yr Growth
7.6%
Ex-Date
Jul 31, 2026
Frequency
Monthly
Summary
As of July 2026, Ellington Financial Inc. (EFC) yields 11.53% ($1.56 per share annually), with a blended fair-value estimate of $28.26 — +109% upside, so it screens as undervalued. Dividend safety grade: D (48/100).
Is EFC a good dividend stock?
MixedEllington Financial Inc. (EFC) pays a monthly dividend yielding 11.53% ($1.56/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 7.6% 5-yr dividend growth
Risks
- Cut its dividend in 2024
- Elevated payout ratio (96%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 11.53%
- Payout Ratio
- 96%
- Annual Dividend
- $1.56
- 5-Yr Avg Growth
- 7.6%
- Ex-Dividend Date
- Jul 31, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.93
- Market Cap
- $1.7B
- P/E Ratio
- 8.4
- 5-Yr Total Return
- -27%
- 52-Week Range
- $11.28 – $14.12
- Dividend Safety
- D · 48/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
EFC Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+1%
5 Years
-27%
52-Week Range
$11.28 – $14.12
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EFC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Ellington Financial Inc. is $28.26 per share, versus a market price of $13.53. That implies 109% of upside — a margin of safety of about 52%.
Fair Value
$28.26
Current Price
$13.53
Upside
+109%
Margin of Safety
52%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 8.9% discount rate (CAPM), 5.5% stage-1 growth, 2.5% terminal growth, $1.62 EPS, $1.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EFC Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | — | $0.1300 | regular |
| May 29, 2026 | — | $0.1300 | regular |
| Apr 30, 2026 | — | $0.1300 | regular |
| Mar 31, 2026 | — | $0.1300 | regular |
| Feb 27, 2026 | — | $0.1300 | regular |
| Jan 30, 2026 | — | $0.1300 | regular |
| Dec 31, 2025 | — | $0.1300 | regular |
| Nov 28, 2025 | — | $0.1300 | regular |
| Oct 31, 2025 | — | $0.1300 | regular |
| Sep 30, 2025 | — | $0.1300 | regular |
| Aug 29, 2025 | — | $0.1300 | regular |
| Jul 31, 2025 | — | $0.1300 | regular |
| Jun 30, 2025 | — | $0.1300 | regular |
| May 30, 2025 | — | $0.1300 | regular |
Income Calculator
At $1.56 / yr per share
